No not everyone wins in some deals but some deals support others and also helps keeps rates under control ish and I personally like what happened to the tank farm.

One thing they appear to be good at is plumping their own work, which is not that surprising. As an un-elected body with seemingly wide ranging powers, Panuku concerns me greatly. You might agree with some or all of what they do, but do the majority of Aucklanders? Publicly owned assets are owned collectively and it doesn't feel right to me when these assets are disposed of with a complete lack of transparency. There is also the potential for corruption, as these Panuku people seem to be in bed with the "developers".

As for the tank farm, a great opportunity missed to create some awesome public open green space in an increasingly congested and crowded city. It was disposed of in a process that stank of a back-room deal, and we were then "sold" the outcome as a triumph of what the council could achieve. You may think that chucking more apartments onto any available land is attractive, I don't.

The tank farm is yet to be dealt with? The most recent renderings from Panuku show layers of apartments towards the end of Beaumont street, no commercial marine activity no Superyacht berths and no Public space . Sorry but I cant see the good side of that, should we be surprised ? probably not this is Auckland city of Developers and no planning.

A new marine refit facility is proposed to be developed in Wynyard Quarter that will have the ability to create hundreds of jobs and deliver significant marine and tourism spending.

The facility, on the corner of Beaumont and Jellicoe streets, is to be progressed after today’s signing of a heads of agreement between the city’s redevelopment agency Panuku Development Auckland and leading marine services company Orams.

[quote name="Dtwo" post="211134" timestamp="1537233810"] Publicly owned assets are owned collectively and it doesn't feel right to me when these assets are disposed of with a complete lack of transparency. There is also the potential for corruption, as these Panuku people seem to be in bed with the "developers

Before any assets can be sold they go before the councilors in a public meeting with transparency which anyone can attend if they give a sh*t enough. You may not get the sale price or details though. If you check the meeting agenda you can see these and when they are and if you apply you may even request to speak.So no assets are sold without public knowledge.

And they are not owned collectively they are owned by Auckland Council. You do not own a cm2 each.

I'm not trying to be the out person here but the facts need to be known about how things work and some of the things said here are inflammatory and incorrect.There is two sides to every story and until you know both... You only have half a story. The answer is out there

Yup there is heaps of upside to Panuku,you just need to be a developer to truely appreciate their tireless efforts to prise public assets from the overburdened ratepayers at never to be publically disclosed rates or freed for market by the timely use of the public works act.
Whenever a CCO reaches into its bag of tricks and responds to a request for public disclosure with commercial sensitivity as the reason for non disclosure you know someone somewhere is getting a bargain.